There’s Money to be Found in Tax Credits and Deductions
Podcast •
Summary
CPA and small-business owner Gene Marks hosts the latest episode of the “On the Mark” podcast to remind employers not to miss out on the tax credits and deductions still available in 2021, into 2022 and beyond, that can save significant dollars in taxes through hiring and helping employees pay down student debt to purchasing equipment and making charitable contributions, including:
- Work Opportunity Tax Credit
- Employee Retention Tax Credit
- Loss Carrybacks
- Section 179 deduction for capital expenditures
- Establish a 529 plan for employees to use on educational expenses, and more